Price:
|
|
|
|
|
(Unit:Yuan/t) |
|
Product |
Type |
2024/12/11 |
2024/12/10 |
Change |
|
Ternary precursor |
523 Poly-crystal |
63,000-68,000 |
63,000-68,000 |
0 |
|
622 Sing-crystal |
72,000-76,000 |
72,000-76,000 |
0 |
|
|
811 Poly-crystal |
80,000-90,000 |
80,000-90,000 |
0 |
|
|
Ternary cathode material |
523 Poly-crystal |
93,000-100,000 |
93,000-100,000 |
0 |
|
622 Sing-crystal |
105,000-113,000 |
105,000-113,000 |
0 |
|
|
811 Poly-crystal |
122,000-132,000 |
122,000-132,000 |
0 |
Outlook:
The precursor prices run steadily amid stable cobalt and nickel chemicals prices. The cathode factories' demand was sluggish, they mostly purchased on rigid demand and transactions were mainly donated by long-term arguments. Mysteel survey showed that the precursor production dipped 0.22% MoM in November thanks to the stable CATL supply chain, but is likely to be down further by 5.92% MoM in December due to the traditional seasonal low in the month.
The prices of ternary cathode materials were little changed. The end-market demand still weakened in the traditional off-season, forcing the small cathode factories to maintain low operating rates in November while top-tier smelters still remained normal production. Thus the ternary cathode material production is likely to fall 1.45% MoM in December following a monthly drop of 3.39% in November. It's estimated that the prices of ternary cathode materials may run weakly in the future.
Edited by Cassie Li, lixiangying@mysteel.com
